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Apr 3, 2013
04/13
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KQED
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gm has just redesigned its new -- what we call the lambda products. they're vehicles like the buick enclave, which has three rows of seats, has done incredibly well in the past. and that's a large crossover. so vehicles such as that which carry good utility and family and stuff can carry people around and people are really trading those and upgrading those. >> rebecca, one quick question before we let you go. what about u.s. cars versus the japanese automakers? it looks like u.s. carmakers had much better numbers in march. >> they did. it was interesting. i was looking at hyundai and kia from out of korea. and they were fairly soft. i think that a lot of that just had to do with product cadence. and also year-over-year comparisons. you know, last year the japanese were still recovering from the tsunami. so they had -- they had very high numbers because the year before they didn't have any numbers because of volume -- inventory. so we're still seeing some ripple effects, but it's nothing to panic about. the industry overall is doing incredibly well. >>
gm has just redesigned its new -- what we call the lambda products. they're vehicles like the buick enclave, which has three rows of seats, has done incredibly well in the past. and that's a large crossover. so vehicles such as that which carry good utility and family and stuff can carry people around and people are really trading those and upgrading those. >> rebecca, one quick question before we let you go. what about u.s. cars versus the japanese automakers? it looks like u.s....
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Apr 2, 2013
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CNBC
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the pricing will go up, and that's very good news for gm. >> certainly. people just aren't giving the new detroit i think a fair shake. if you look at the financials, this is reasons to be scared off by it, underfunded pension in europe, of course, but they make most of their money in the u.s., and in gm's case, in china, too. those markets have room to grow. >> what don't you like. >> just in the dealer space, maybe as momentum investor, people might consider that, but we're value investors here at morningstar, and just on a casual base they like fairly valued. >> thank you very much. appreciate it, dave. ty, up to you. >> moving up there by 1.22. 6-plus percent. this after carl eye sawn took a 9.3% stake in the speech recognition company. julia boorstin has more. >> reporter: well, tyler, you may not have ever heard of nuance, but its technology has likely heard your voice. it's the leader in speech recognition, powering everything from apple's siri to customer service to new ads that talk back. >> should i buy that ring? >> you should definitely buy it
the pricing will go up, and that's very good news for gm. >> certainly. people just aren't giving the new detroit i think a fair shake. if you look at the financials, this is reasons to be scared off by it, underfunded pension in europe, of course, but they make most of their money in the u.s., and in gm's case, in china, too. those markets have room to grow. >> what don't you like. >> just in the dealer space, maybe as momentum investor, people might consider that, but we're...
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when trucks do well, domestic do well too, gm, no exception. their sales, they, you know, they did relatively well. some of the brands that have struggled, especially last year like cadillac, a lot of new models, and, also, buick who is, you know, awaiting new, fresh r models, they have them now, and sales have gone up. >> jessica, where do we go from here? keep up the pace the rest of the year? >> i mean, we certainly hope so. look at what's driving models now, pent of demand, people who have not bought a car are in the market. as long as that exists, sales continue to be strong, and interest rates, as long as they are low, helps leasing as well as financing, as long as they are friendly and people get loans, that's keeping the market afloat. >> encouraging. jessica, as always, thank you for joining us, appreciate it. >> thanks for having me. >> small car sales slow down because the gas prices are relatively low, so more gas guzzlers on the road. >> had a wicked winter too, you know? if i didn't have 4-wheel drive, i'd be home. >> it is quarte
when trucks do well, domestic do well too, gm, no exception. their sales, they, you know, they did relatively well. some of the brands that have struggled, especially last year like cadillac, a lot of new models, and, also, buick who is, you know, awaiting new, fresh r models, they have them now, and sales have gone up. >> jessica, where do we go from here? keep up the pace the rest of the year? >> i mean, we certainly hope so. look at what's driving models now, pent of demand,...
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showing you both ford and gm coming out with great numbers for the month. ford's sales rose 5.7% to be specific. they did well with the fusion, the escape. the weak link in ford is actually the lincoln. reagan sales decreased, did anybody by a lincoln? and a look at general motors. like ford. stuart: thank you very much, indeed. back to the big board, we're up 80 points. bear in mind this is a bullish rally this morning. i look at a prediction for the collapse of the market. there will be nothing to stop the collapse. this sounds like advice to get out of the market and hide out in cash, it is. charles has been bullish on individual stocks for a long, long time. i take it you totally disagree? charles: definitely. i bring them to you guys, i show them, a lot of these big names, namescome it is not even about the names. i'll have a company for you in a moment, they'v they have changer whole strategy. stuart: he does not care about individual companies. you can pick out individual companies which do very well. we keep on producing these bubbles. charles: wher
showing you both ford and gm coming out with great numbers for the month. ford's sales rose 5.7% to be specific. they did well with the fusion, the escape. the weak link in ford is actually the lincoln. reagan sales decreased, did anybody by a lincoln? and a look at general motors. like ford. stuart: thank you very much, indeed. back to the big board, we're up 80 points. bear in mind this is a bullish rally this morning. i look at a prediction for the collapse of the market. there will be...
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ford was a winner, gm fell short, but gm and chrysler really beats the street. gm is doing well, but the big picture is the ford fusion and escape are doing so well. urban outfitters and several other names, american eagle, gap, under armour, all with a perilous. cheryl: what a dividend. thank you so much. dennis: "media minute" time. is it legal to grab the march madness final four out of the air and sell it to subscribers without paying cbs a cut? yes, for now. they deliver broadcast network shows to cell phones in new york. expanding to 20 other networks. the court refused to issue an injunction against the service for copyright infringement. that case now goes to trial. the unfolding saga over nbc moved to push jay leno into retirement making way for jimmy fallon, the two hosts showed america we can all laugh about it. this is a musical ♪ ♪ tonight ♪ tonight ♪ who care who hosts "imus in the morning" tonight "imus in the morning." dennis: that is much better than what they tried, but it is mutual. jimmy kimmel on youtube, they have 1.5 million subscr
ford was a winner, gm fell short, but gm and chrysler really beats the street. gm is doing well, but the big picture is the ford fusion and escape are doing so well. urban outfitters and several other names, american eagle, gap, under armour, all with a perilous. cheryl: what a dividend. thank you so much. dennis: "media minute" time. is it legal to grab the march madness final four out of the air and sell it to subscribers without paying cbs a cut? yes, for now. they deliver...
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Apr 2, 2013
04/13
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CNBC
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look at gm, 1 million retired workers. basically retirement home that also makes cars on the side. >> right. health insurance company that also has -- car company on the side. guys, good discussion. mr. standrif, thanks so much for joining us. we all agreed. i'm shocked. >> it won't continue. >> no, i can tell. guess which country is becoming a huge magnet for manufacturing? hint, the answer is not china. we'll have the answer for you and the intriguing reason why coming up next. >>> also -- >> you all want to know the secret formula for getting in. ♪ i did owe >> an admissions officer must be on the receiving end of an entire nation's application panic. you didn't challenge yourself academically. >> i'm worth $1 billion. >> the college admissions baths is the premise of a new hollywood movie but the pressure is all too real for thousands of high school seniors right now. hot new he had coral to recall by one ivy scorned senior is securing the process. we'll take a closer look at her complaints with the former admissions
look at gm, 1 million retired workers. basically retirement home that also makes cars on the side. >> right. health insurance company that also has -- car company on the side. guys, good discussion. mr. standrif, thanks so much for joining us. we all agreed. i'm shocked. >> it won't continue. >> no, i can tell. guess which country is becoming a huge magnet for manufacturing? hint, the answer is not china. we'll have the answer for you and the intriguing reason why coming up...